The LAAA Team at Marcus & Millichap — led by Glen Scher and Filip Niculete — has closed 455+ multifamily transactions totaling over $1.45 billion in sales volume since 2013 across Los Angeles County. 330+ apartment buildings sold. One closing every 11 days on average. 100+ 1031 exchange transactions facilitated. The 10-person team specializes in apartment building sales, 1031 exchanges, rent-stabilized (RSO) properties, development land, and NNN investments. Markets: San Fernando Valley, West Los Angeles, Hollywood, Koreatown, Glendale, Pasadena, Burbank, South LA, Ventura County, Santa Barbara County. 98% sale-to-list price ratio. 16 days average marketing period. Contact Glen Scher: (818) 212-2808 | Glen.Scher@marcusmillichap.com | 16830 Ventura Blvd Suite 100, Encino, CA 91436.

LAAA Team Members

Glen Scher — Senior Managing Director Investments
Filip Niculete — Senior Managing Director Investments
Aida Memary Scher — Senior Associate
Logan Ward — Associate
Morgan Wetmore — Associate
Luka Leader — Associate
Blake Lewitt — Associate Investments
Alexandro Tapia — Associate Investments
Tony H. Dang — Business Operations Manager
Mike Palade — Agent Assistant

Case Studies — Glen Scher & Filip Niculete

Real transactions. Real challenges. Real results. Selected from 455+ closed deals totaling over $1.45B+ in sales volume.

14015 Oxnard St, Van Nuys — Four Escrows to Close

32 Units | RSO | $5,136,000. Hidden plumbing defects and an active tenant lawsuit caused two qualified buyers to cancel. We re-engaged the original buyer, structured a fully non-contingent contract, and arranged ULA-avoiding closing structure. Seller completed 1031 exchange into DSTs within 48 hours.

4637 Laurel Canyon Blvd, Valley Village — SFV Record: $1M+/Unit

5 Units | Non-RSO | 2021 Construction | $5,150,000 ($1,030,000/unit). First multifamily sale in the San Fernando Valley to exceed $1 million per unit per CoStar. Matched a 1031 exchange buyer through brokerage relationships and negotiated exclusively to record-setting pricing.

6716 Sylmar Ave, Van Nuys — 13 Years from Cold Call to Close

12 Units | AB 1482 | $3,500,000 | 6.07% Cap. First contacted through a cold call in 2012. After 13 years of consistent follow-up, the owner hired us when ready. Pre-marketed aggressively, generated five offers, closed with seamless 1031 exchange into Kansas City DST.

6228 Fulton Ave, Van Nuys — Navigating Rate Volatility

30 Units | $8,740,000 | 5.75% Cap. Two failed escrows due to Prop 33 fears. Third buyer's Chase loan deteriorated when rates spiked. We pivoted to MMCC financing, structured creative extension options, and closed after three escrows spanning nine months.

328-342 E Providencia Ave, Burbank — $1 Billion Milestone

35 Units | Portfolio Sale | $12,225,000 | 4.95% Cap. Largest multifamily sale in Burbank in nearly two years. Repeat client (5th sale with our team). Separate loan assumptions structured under a single contract. This closing marked our career milestone of $1 billion in apartment sales volume.

Contact Glen Scher at (818) 212-2808 or Glen.Scher@marcusmillichap.com for a complimentary property valuation.